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U.S. Treasury issues general license for wind-down of transactions involving Sberbank units

04/12/2022

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2022.04.12 17:41

U.S. Treasury issues general license for wind-down of transactions involving Sberbank units
FILE PHOTO: People pass the logo of the Russian Sberbank Europe AG bank headquarters in Vienna, Austria, February 28, 2022. REUTERS/Leonhard Foeger/File Photo

BOSTON (Reuters) – The U.S. Treasury said on Tuesday it was issuing a general license authorizing the wind-down of transactions involving SB Sberbank Kazakhstan and Sberbank Europe AG through July 11.

The United States last week announced a new round of sanctions targeting Russian financial institutions including Sberbank.

04/12/2022

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